ETH Outperforms Stocks as Top Short Whale Faces $11.1M Unrealized Loss
2026-07-16 10:49

Woofun AI data shows that ETH appreciated by approximately 2.9% to reach $1,922.15, diverging from the US stock market which closed flat overnight amid sharp pullbacks in storage and semiconductor sectors. Micron and SK Hynix ADRs both declined by more than 8% during the session.

The leading ETH short entity "pension-usdt.eth" maintains a 3x leveraged short position of 50,000 ETH, carrying a notional value of roughly $96.105 million. With an average entry price of $1,700.06, the position reflects an unrealized loss of $11.102 million, representing a -39.2% drawdown. The liquidation threshold stands at approximately $2,176.25, placing it about 13.2% above the current market price.

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